Gold begins a new bullish cycle, tests May’s ceiling near 3,450. Technical signals favor the bulls, focus shifts to all-time highs. Gold is once again flirting with its spring record-high area of 3,440–3,500, as the escalating Middle East conflict between Israel and Iran shifted funds towards the safe-haven precious metal. From a technical perspective, the
Gold prices decline amid lower demand for safe-haven assets. Ebbing concerns about escalating tensions in the Middle East have brought risk appetite back to the market. XAU/USD maintains its bullish trend intact while above $3,400. Gold (XAU/USD) is correcting lower after rejection at the $3,440 resistance area on Friday. The pair maintains the upside structure
Gold price clinches fresh two-month highs above $3,450, then retreats. US Dollar stays supported amid haven demand due to deepening Israel-Iran row. The path of least resistance appears to the upside for Gold price ahead of Fed. Gold price has briefly pulled back from fresh two-month highs reached just above $3,450 early Monday. All eyes
Due to a combination of central bank gold buying and the surging price of gold, gold has overtaken the euro as the world’s number two reserve asset. But it’s not so much that gold is replacing the euro. It is supplanting the dollar. Based on data released by the European Central Bank and analyzed by
Gold climbed above $3,400, supported by broad USD weakness and escalating geopolitical tensions. The Federal Reserve will announce the interest rate decision and publish the dot plot on Wednesday. The near-term technical outlook points to a buildup of bullish momentum. Gold (XAU/USD) turned north and climbed to its highest level since early May above $3,400.
The metals market is on fire – with precious metals like silver and platinum joining the party gold has enjoyed for a while. Investors are also warming to energy metal plays like uranium. Here’s what you need to know…and how to profit…courtesy of MoneyShow experts. Mike Larson MoneyShow.com I grew up watching The A-Team as
Gold price attracts buyers for the third straight day amid the global flight to safety. Rising geopolitical risks and trade uncertainties boost traditional safe-haven assets. Fed rate cut bets also benefit the XAU/USD pair, though rebounding USD caps gains. Gold price (XAU/USD) retains positive bias for the third consecutive day on Friday, albeit trimming a
Gold price attracts buyers for the third straight day amid the global flight to safety. Rising geopolitical risks and trade uncertainties boost traditional safe-haven assets. Fed rate cut bets also benefit the XAU/USD pair, though rebounding USD caps gains. Gold price (XAU/USD) continues scaling higher for the third consecutive day on Friday, rising to the
Gold price sits at fresh weekly highs, remains poised to test $3,400. The US Dollar extends declines amid trade uncertainties, renewed dovish Fed bets. Gold price eyes acceptance above $3,377 yet again amid bullish daily technical setup. Gold price is sitting at fresh weekly highs near the $3,380 neighborhood, building on the previous upswing
Gold has reversed course and is trading higher for the second day in a row. Investors’ optimism about a positive outcome of the US-China talks is fading. XAU/USD is likely to face resistance at $3,340 and $3,370. Gold (XAU/USD) has reversed course durub¡ng the European trading session on Tuesday, and is showing moderate gains, approaching